Btc Looks Like a Dead Cat Bounce Right Now
If BTC stays below the 62,275 mark, we can expect this downtrend to continue with a potential drop to 62275.0000.
Key SMAs are bearish, volume is stepping in near the floor, last candle was bearish
A daily close over 66,956.1500 invalidates this short setup
Are you shorting this bounce on $BTC?
#MarketAnalysis #CryptoInsights
If BTC stays below the 62,275 mark, we can expect this downtrend to continue with a potential drop to 62275.0000.
Key SMAs are bearish, volume is stepping in near the floor, last candle was bearish
A daily close over 66,956.1500 invalidates this short setup
Are you shorting this bounce on $BTC?
#MarketAnalysis #CryptoInsights